Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5757 Venice Blvd Los Angeles, CA 90019-5017

    • Manufacturing properties
    • 4,380 SF
    • 0.16 lot acres
    OFF-MARKET
    Last Sale
    Dec 28, 2024
    Value Estimations
    $2,660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0489283
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tighe Architecture / Interior Designer / Architect
    • Stephen Phillips Architects (SPARCHS) / Architecture Firm
    • William Hawkes Studio / Photographer

    Property Details for 5757 Venice Blvd

    Year built
    1955
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Property size
    4,380 SF
    Zone code
    LAC2
    Property type
    Manufacturing properties
    APN
    5069-014-011
    APU
    5069014011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,825,000
      ML approach
      $2,875,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,162,000
      Market price range: $536k - $2.16M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,380,000
      OFFICE BUILDING
      $2,200,000
      MEDICAL BUILDING
      $1,995,000
      RETAIL STORES
      $1,915,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,855,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.364
    Latitude
    34.0433
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,206
    $2,358,842
    $589,709
    $2,948,551
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $165,000
      957 SF

      5758 Venice Blvd

      MANUFACTURING (LIGHT) • 957 SF
      5758 Venice Blvd, Los Angeles, CA 90019
      View Details
    • Value Estimation
      $225,000
      7,857 SF

      5700 Venice Blvd

      MANUFACTURING (LIGHT) • 7,857 SF
      5700 Venice Blvd, Los Angeles, CA 90019-5014
      View Details
    • Value Estimation
      $250,000
      6,168 SF

      4829 Pico Blvd

      MANUFACTURING (LIGHT) • 6,168 SF
      4829 Pico Blvd, Los Angeles, CA 90019-4226
      View Details
    • Value Estimation
      $215,000
      2,824 SF

      5016 Venice Blvd

      MANUFACTURING (LIGHT) • 2,824 SF
      5016 Venice Blvd, Los Angeles, CA 90019-5308
      View Details
    • Value Estimation
      $485,000
      22,706 SF

      4800 San Vicente Blvd

      MANUFACTURING (LIGHT) • 22,706 SF
      4800 San Vicente Blvd, Los Angeles, CA 90019-2938
      View Details
    • Value Estimation
      $185,000
      875 SF

      5404 Pico Blvd

      MANUFACTURING (LIGHT) • 875 SF
      5404 Pico Blvd, Los Angeles, CA 90019-3945
      View Details

    Similar Nearby for Sale

    • $1,850,000

      Country Club Park Multifamily Opportunity

      Four-unit multifamily property in Country Club Park, Los Angeles.
      1746 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    • $995,000

      Legal Duplex in Central Location

      Legal duplex near Beverly Hills and Culver City.
      1833 S Marvin Ave, Los Angeles, CA 90019
      View Details
    • $1,725,000

      Classic 4-Plex with Value-Add Potential

      Charming 4-unit property with strong rents and value-add potential.
      1357 S Cloverdale Ave, Los Angeles, CA 90019
      View Details
    • $750,000

      1923 Spanish Quadruplex Investment

      Charming 4-unit property in prime Los Angeles location.
      1216 S Mullen Ave, Los Angeles, CA 90019
      View Details
    • $999,800

      Mid Los Angeles Duplex

      Duplex in Mid Los Angeles with ADU potential.
      4516 St Charles Pl, Los Angeles, CA 90019
      View Details
    • $1,275,000

      Mid-Wilshire Duplex with Architectural Detail

      Spacious duplex in Mid-Wilshire with ADU potential.
      4409 Victoria Park Dr, Los Angeles, CA 90019
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      3,200 SF

      Crenshaw Blvd Office Space Available

      Second floor office space in Koreatown with parking.
      937 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    • $2 SF/Yr
      8,340 SF

      Temperature-Controlled Retail Space Available

      Sublease opportunity in Mid-City Los Angeles with gated yard.
      5470 Pico Blvd, Los Angeles, CA 90019
      View Details
    • Contact for pricing
      5,730 SF

      Pico Blvd Medical Office Space

      Prime Medical Office Suites Available
      4930-4948 Pico Blvd, Los Angeles, CA 90019
      View Details
    • $1.15 SF/Yr
      22,500 SF

      Venice Blvd Retail Basement Space

      Large, open basement retail space available for rent.
      4707-4760 Venice Blvd, Los Angeles, CA 90019
      View Details
    • $2,500 /Mo
      6,498 SF

      Renovated Apartment in Fairfax Neighborhood

      Recently renovated 2-bedroom apartment in quiet Fairfax neighborhood.
      Ogden Dr, Los Angeles, CA 90019
      View Details
    • $2 SF/Yr
      2,500 SF

      Crenshaw Boulevard Retail/Office Space

      Retail or office space available for lease on Crenshaw Blvd.
      2821-2825 Crenshaw Blvd, Los Angeles, CA 90019
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5757 Venice Blvd
    Los Angeles, CA 90019-5017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.